Announced
Completed
Financials
Tags
Private Equity
Friendly
Majority
Private
Single Bidder
IT Services: Other
Completed
Germany
it solutions
Acquisition
Merger
Synopsis
Nordic Capital-backed Conscia, a provider of security and IT infrastructure, completed its acquisition of xevIT, a German IT Infrastructure company. Financial terms were not disclosed. "xevIT and Conscia have many commonalities, both culturally and operationally in the way we go to market. In addition, we complement each other's high-level technical competencies very well. We have specialised in IT innovation and digitalisation for the healthcare sector, and we look forward to becoming part of Conscia's ‘Network of Knowledge’ strategy as well as being able to deliver our core solutions to the customers within Conscia's current markets," xevIT founders.
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